The more time it takes for a consumer to discover his or her identity has been stolen, the greater opportunity for fraudsters to cause significant damage. By providing partners with the ability to send alerts to their subscribers through Financial Account Takeover monitoring, Experian Partner Solutions is addressing one of the most fundamental hurdles in account fraud: the time it takes for a consumer to become aware of financial account fraud.

To enable faster and more effective detection of suspicious account activity, information from thousands of financial institutions is reviewed daily to flag unusual or high-risk activity. Subscriber notifications generated include:

Bank Account Application Notification: If monitored personal information has been used to apply for a new bank account

Bank Account Opening Notification: If monitored personal information has been used to open a new bank account

Bank Account Takeover Notification: If changes have been made to the monitored bank account, including attempts to add new account holders

Credit Card Application Notification: If monitored personal information has been used to apply for a new credit card account

Credit Card Opening Notification: If your personal information has been used to open a new credit card account

You have numerous rights under the FCRA, including the right to dispute inaccurate information in your credit report(s). Consumer reporting agencies are required to investigate and respond to your dispute, but are not obligated to change or remove accurate information that is reported in compliance with applicable law. While this plan can provide you assistance in filing a dispute, the FCRA allows you to file a dispute for free with a consumer reporting agency without the assistance of a third party.